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Credit Suisse has delayed bonus announcements to its London-based staff due to a regulatory hold-up, with those affected now due to find out about their payouts in around a week's time.

The Swiss bank was expected to communicate bonus figures to all of its employees globally this week, according to six people familiar with the situation. However, it has since informed staff in the UK capital that they will have to wait a while longer.

The delay is the result of a regulatory hold-up, according to four of the people familiar with the bank's plans. The Prudential Regulation Authority, which must ensure bonus structures at banks are in keeping with its code on remuneration, has taken longer than expected to sign-off on the Credit Suisse payouts.

Banks currently submit proposals for bonus structures to the PRA, with the regulator then deciding whether the proposal is compliant with the code. The details of the structure proposed by Credit Suisse to the PRA are unclear.

The PRA declined to comment on Credit Suisse.

Credit Suisse decided against allowing the UK hold-up to delay plans to communicate bonus payouts to the rest of its staff.

Credit Suisse is the first European banking houses to announce bonus figures – US firms Goldman Sachs, Morgan Stanley, Citigroup and JP Morgan have all informed London staff already. This could provide the first indication of how payouts by US and European rivals compare.

Deutsche Bank is likely to announce in early February, according to two sources familiar with the bank's plans.

The delay at Credit Suisse highlights the confusion surrounding the current rules on pay, and the difficulty many banks are having in finding appropriate ways of paying staff. Goldman Sachs last week announced bonus payouts to staff, but delayed the announcing of revised salaries so it could spend more time identifying which staff would be eligible for role-based allowances.

-- write to matthew.turner@dowjones.com or follow on Twitter @bmturner